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To: Jenna who wrote (16178)10/5/1998 11:25:00 AM
From: Jeff Jordan  Read Replies (1) | Respond to of 120523
 
Looks like one of the worst days for Nasdaq.....market selloff very big.

Sidelines or short most prudent.

Jeff



To: Jenna who wrote (16178)10/5/1998 11:42:00 AM
From: Prof  Respond to of 120523
 
NSOL - don't know if anyone saw this the other day. Doesn't look good for NSOL, does it? Might be a good short this week.

Prof
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The Industry Standard: The Newsmagazine of the Internet Economy
October 02, 1998

Postel Proposes Group to Govern Internet: IANA chief names interim board and seeks U.S. government approval for his plan.

thestandard.com

By Elizabeth Wasserman
Capping months of wrangling, a key Internet group issued a long-awaited proposal late Friday on how it would take over responsibility for distributing domain names and overseeing other aspects of Internet operations. The document was released two days after the U.S. Commerce Department was forced to extend for one week its domain name contract with Network Solutions as it awaited the new corporation's proposal.

The Internet Corporation for Assigned Names and Numbers – a group set up by Jon Postel, creator and keeper of the Internet Assigned Numbers Authority, and backed by many other organizations – released a set of bylaws and the names of an interim board of directors.

The group hopes to garner a consensus in the Internet community and take over the reins from the U.S. government. It will develop policies that address how and when new top-level domains will be added, how trademark disputes will be resolved and how to bring competition to the registration of already existing domains, such as .com, .net and .org.

"IANA's role in this has primarily been as the scribe, recording to the best of our ability what we understood to be the community consensus as it developed," Postel wrote in an introduction. "These final documents are the cumulative reflection of those efforts, and we believe that they do in fact command the support of a broad consensus of Internet stakeholders, private and public."

In a June white paper, Clinton administration Net czar Ira Magaziner proposed that the government hand over control to a new nonprofit entity with broad international support. Postel's report is the next step.

The interim board won't technically come into existence until it is approved by the Commerce Department. Joe Sims, a Washington attorney who has been representing IANA, says the document was delayed for several days as "we tried to fill in all the gaps." According to Sims, interested parties were contacted and briefed before the draft was made public.

The ICANN proposal included a list of the nine people who will serve on its interim board. Among them are George H. Conrades, former CEO of BBN; Esther Dyson, founder of EDventure Holdings; Frank Fitzsimmons, a senior VP at Dun & Bradstreet; and Linda S. Wilson, president of Radcliffe College.

Because of concern from abroad about the overrepresentation of U.S. interests on the board, a clause was added requiring that no more than half of the 19 members of the permanent board be from any one region.

The new corporation will be based in Los Angeles. But the bylaws suggest that offices may open outside the U.S. in the future.

--------------------------------------------------------------------------------

Mentioned in this article

PEOPLE
Jon Postel Director, Computer Networks Division, University of Southern California
Ira Magaziner Senior Advisor to the President for Policy Development, The White House
Esther Dyson Chairman, EDventure Holdings

COMPANIES
Network Solutions Herndon, VA

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Copyright © 1998 The Industry Standard | All rights reserved | Webmaster



To: Jenna who wrote (16178)10/5/1998 12:34:00 PM
From: epicure  Read Replies (1) | Respond to of 120523
 
DH looks very nice



To: Jenna who wrote (16178)10/5/1998 2:20:00 PM
From: Jenna  Read Replies (1) | Respond to of 120523
 
e-mail: RXSD, THC..CAKE, SBUX,NTAP

RXSD,THC in a normal market they would be buys, but unless things turn around, I won't go long any stocks.

CAKE,SBUX..restaurants have not been beaten up. SBUX looks pretty good. I'm not terribly excited to get invested, I'm looking to profit on 'pops' from earnings plays and beaten down stocks and get into cash nearly every night.

NTAP.. a miracle I actually made over 1 point today and a nicely on Friday, I'll look to enter this one again. The further this falls from year high of 61, the better. Earnings don't come out till November 11, so it's not an earnings play.



To: Jenna who wrote (16178)10/5/1998 2:36:00 PM
From: Jenna  Read Replies (1) | Respond to of 120523
 
CYQJJ in at 2 now trading at 2 1/2 by 2 5/8.. in AOLJB 2 1/4 now 2 7/16 * 2 9/16 YHQJD 10 5/8 * 10 3/4 in at 10 7/8. and opposite direction (puts), I might exit BMCS,PFE and IBM puts before the close all are up from entry but I doubt I'll exit the calls.